Techmeme
June 10, 2021, 12:15 PM

Top News

Nick Statt / Protocol:
Microsoft says it will soon launch a dedicated device for game streaming and is working with TV manufacturers to expand Xbox Game Pass subscription to smart TVs  —  Microsoft on Thursday announced plans to expand its Xbox Game Pass subscription service to many more screens …
Jacob Bunge / Wall Street Journal:
JBS says it paid an $11M ransom in bitcoin to resolve an attack last week; the payment was made after most plants were operational to avoid further disruption  —  Meat supplier's U.S. chief says firm paid cybercriminals in bitcoin to avoid more disruptions  —  JBS USA Holdings Inc. paid …
Steve Dent / Engadget:
NMPA files a $200M lawsuit against Roblox for alleged music copyright infringement, and launches a “major ramp-up” of its takedown campaign against Twitch  —  The National Music Publishers' Association (NMPA) has filed a $200 million lawsuit against Roblox for allowing the illegal use …
New York Times:
Google plans to change its search algorithm to prevent sites that extort people to remove slanderous content from appearing in search results for people's names  —  In response to Times articles, the search giant is changing its algorithm, part of a major shift in how Google polices harmful content.
Alex Konrad / Forbes:
Homebrew's Satya Patel and Hunter Walk team up with 8 VCs to launch Screendoor, a $50M fund to back up to 15 underrepresented investors raising their first fund  —  Covering venture capital, software and startups  —  Would-be venture capitalists looking to raise a fund for the first time often face …
Alex Konrad / Forbes:
Alexis Ohanian's new VC firm Seven Seven Six raises $150M for its first fund and says it targeted a base of 50% women and 15% Black or indigenous investors  —  Covering venture capital, software and startups  —  Plenty of venture capital shops have built software to support their startup investing before …
Andrew B. Kahng / Nature:
Google researchers detail an AI system that outperforms humans in designing floorplans for microchips, promising better and more rapidly produced chip designs  —  Andrew B. Kahng is in the Department of Computer Science and Engineering, and in the Department of Electrical and Computer Engineering …
Jacob Kastrenakes / The Verge:
Founders of Fanhouse, an OnlyFans-like platform, say Apple is demanding they start paying “30% of creator earnings” by August or be removed from the App Store  —  Fanhouse wants to keep sending 90 percent of payments to creators  —  Apple is clashing with the platform Fanhouse …
Arjun Kharpal / CNBC:
El Salvador becomes the first country to adopt bitcoin as legal tender after lawmakers voted by a “supermajority” in favor of its new Bitcoin Law  —  - El Salvador's has become the first country to adopt bitcoin as legal tender.  — Lawmakers in the South American country's Congress voted …
New York Times:
Netflix launches an online store with Shopify, featuring merch tied to its shows, expanding its retail business which includes deals with Walmart and others  —  You streamed it.  Now you can buy it at Netflix.shop, a new site that will offer everything from a “Lupin” side table to a “Yasuke” clock.
Sarah Perez / TechCrunch:
Apple announces StoreKit 2, simplifying App Store subscriptions and refunds by making them accessible inside apps  —  If you've ever bought a subscription inside an iOS app and later decided you wanted to cancel, upgrade or downgrade, or ask for a refund, you may have had trouble figuring …
Bloomberg:
Clip, a Mexican mobile payments startup targeting SMBs, raises $250M from SoftBank's Latin American fund and Viking Global, at a valuation of $2B  —  - New round of investment values Mexico's Clip at $2 billion  — Goal is to expand and hire 320 people in the next 18 months
Makena Kelly / The Verge:
Biden signs an EO revoking the Trump-era bans on TikTok and WeChat and says his commerce secretary will investigate any risks to national security and privacy  —  But the apps still aren't out of hot water  —  President Joe Biden signed an executive order Wednesday revoking the Trump-era bans on TikTok and WeChat.

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